In the last thread, we discussed the basics of divergence. In this thread, we are going to learn about the positive divergence a.k.a Bullish divergence. I'll cover it in 3 parts:
1. What is bullish divergence?
2. Types of bullish divergence
3. Subtypes with illustrations
So, let's move ahead!
What is Bullish divergence?
A bullish divergence occurs when prices...
Creating lines on a chart is one of the most fundamental methods of charting when performing technical analysis . Being able to create these effectively and quickly is a very useful skill to have.
Horizontal, Vertical and Cross lines can all be found on the drawings panel to the left of the chart in the subgroup “Trend Line Tools”. These tools can be added by...
Hardly ever I look at the Ethereum (ETHUSD) chart since both Bitcoin and Ethereum tend to move together.
Whatever I see happening with Bitcoin normally is also true for Ethereum.
For example, notice the bullish wave from July 21 to August 23, exactly the same for BTCUSD and ETHUSD.
Things are different right now.
Ether (ETH) just moved ahead of Bitcoin and...
This is an analysis of Ethereum in which I’ve used trend based Fibonacci extension to find the potential pivot points. Look how many times Ethereum got rejected at the 0.382 fib followed by a break above and a flip of that fib resistance to support. It easily moves to the next target of 3800 $ and found resistance there at 0.5 fib. It’s very useful as a trader and...
buying idea for Ethereum for short time period
after break and given successfully closing above the level 3340
in a month we can see the level of 4173
if 4173 level crosses potentially will see 4900 as next target
he technical analysis of GFTMA FX BROKERAGE
The price rejected from the day support zone
price moving inside the pattern, this shows the market is under pressure
wait for the breakout
Find your opportunity and take trade
if you like our analysis then give a thumps up and follow is for more update
Hello guys i had find a good setup in ethusd which is in buy for intraday with low risk and high reward we can buy from here with given swing low sl and 1:2 tg also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow for more thank you
Ethereum at this point is staying close to the 50 EMA after losing strength in holding the 30 and the 15 EMA. Although we are consolidating below resistance (bullish), the break of $3336 with an hourly close above that price would favour higher prices.
In failing to break $3289 shortly will result in a continuation to the downside, along with the crosses of the...